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29.8.2007: Meldung: Scottish & Southern Energy plc: further £1.1 million investment in Solarcentury Holdings Ltd
Scottish & Southern Energy PLC
29 August 2007
29 August 2007
SCOTTISH AND SOUTHERN ENERGY PLC
INVESTS A FURTHER £1.1M IN SOLARCENTURY
Scottish and Southern Energy plc ("SSE") has made a further £1.1 million
investment in Solarcentury Holdings Ltd ("Solarcentury").
The new investment forms part of a new £13.5 million round of financing that
will enable Solarcentury to fund its product development and international
expansion strategy. It leaves SSE with a 12.3% share in the company.
SSE recognises the growing contribution of renewable technologies in the UK
energy market. Its further investment in the Solarcentury business reflects the
success of the existing relationship between the two businesses and confidence
in the future of this sector.
SSE"s subsidiary, Southern Electric Contracting, is Solarcentury"s preferred
installer.
29 August 2007
29 August 2007
SCOTTISH AND SOUTHERN ENERGY PLC
INVESTS A FURTHER £1.1M IN SOLARCENTURY
Scottish and Southern Energy plc ("SSE") has made a further £1.1 million
investment in Solarcentury Holdings Ltd ("Solarcentury").
The new investment forms part of a new £13.5 million round of financing that
will enable Solarcentury to fund its product development and international
expansion strategy. It leaves SSE with a 12.3% share in the company.
SSE recognises the growing contribution of renewable technologies in the UK
energy market. Its further investment in the Solarcentury business reflects the
success of the existing relationship between the two businesses and confidence
in the future of this sector.
SSE"s subsidiary, Southern Electric Contracting, is Solarcentury"s preferred
installer.